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German utility EWE thinks about sale of stake in gas company VNG

EWE AG, Germany's fifth-biggest utility by sales, is in negotiations to vend its stake in gas company VNG AG, a transaction that could bring 1.3 billion euros ($1.45 billion), as stated by two sources familiar with the deal.

read more... 06/03/2015


Lithuania’s LNG importer obtains permission to trade gas in Estonia

Litgas, Lithuania's liquefied natural gas (LNG) importer, obtained Estonia’s permission to trade natural gas in the country, as stated by the company on Tuesday, potentially opening the way for more transactions.

read more... 25/02/2015


Egypt inks an agreement with Trafigura for 33 LNG cargoes

Egypt has inked an agreement with trading house Trafigura to import 33 shipments of liquefied natural gas (LNG) spread over 2015 and 2016, the lion's share of a transaction settled with trading firms, as stated by the energy ministry on Thursday.

read more... 06/02/2015


RWE, E.ON close to a sale of stakes in Luxembourg’s Enovos

German utilities RWE and E.ON are close to a sale of their stakes in Enovos in a transaction that estimates the Luxembourg energy supplier at 2 billion euros ($2.28 billion), as stated by two sources familiar with the matter.

read more... 04/02/2015


Repsol to purchase Talisman Energy for large premium

Spain's Repsol has decided to purchase Talisman Energy, Canada's fifth-biggest independent oil producer, for $8.3 billion since the decline in oil prices urges firms to take the plunge on huge M&A transactions.

read more... 17/12/2014